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Focused on simplifying the registration procedures for yachts under 24 meters (m), the RMI has made changes to the under 24m program. The application is now a single, streamlined form that also contains the Declaration of Private Use—Not for Hire. This Continue reading...
Patrick Bachofner, who heads IRI’s Yacht Team, discusses the Registry’s growth strategy In a short time, RMI has built a reputation as a first-class registry for large and small yachts. We are not looking to be the world’s largest yacht registry, Continue reading...
It is critical that yacht owners ensure that their asset is registered with a quality flag, and that their chosen flag demonstrates compliance with the highest industry standards. Choice of flag affects the ability to secure a mortgage on the asset and Continue reading...
Despite the global economic downturn due to COVID-19, yacht construction continues, and the Marshall Islands Registry is receiving weekly yard inquiries about new projects. There is a steady increase of yachts being built to the RMI Code standard, Continue reading...
Work is currently underway to update and amend the Republic of the Marshall Islands (RMI) Yacht Code (the “Code”). Taking input from across the Registry’s global specialist teams, as well as external experts, a revised version is expected to be Continue reading...
The annual Monaco Yacht Show is unparalleled in both luxury and importance among the global yachting community. With more than 44 new launches, 125 extraordinary one-off superyachts on display worth more than EUR 4 billion combined, and 30,000 visitors Continue reading...
In a yard in the Italian coastal town of Livorno, a yacht has been christened and now joins the yachting world’s most exclusive club: the “giga” class. The FB275 is 108 meters (m), built by renowned Italian luxury yacht builder Benetti, was unveiled Continue reading...
IRI/The Marshall Islands Registry organized a successful seminar in November at the Fairmont Grand Hotel in Kiev, Ukraine to discuss the RMI Associations Law and the RMI Yacht Code. This seminar was a unique event for the Ukrainian market and attracted Continue reading...
Something very special will soon be floating out of Nobiskrug. The north German shipyard, famous for groundbreaking superyachts including SAILING YACHT A and ODESSA II, is building a breathtaking yacht designed to push the boundaries of what is possible Continue reading...
An important part of the work of any flag administration is ensuring that its network of Appointed Representatives (ARs) inspects to the same high standards and deals with deficiencies in a consistent way. International Registries, Inc. and its affiliates Continue reading...
